What is the definition of Net advantage of refunding? | Dictionary.net

NET ADVANTAGE OF REFUNDING

\nˈɛt ɐdvˈantɪd͡ʒ ɒv ɹɪfˈʌndɪŋ], \nˈɛt ɐdvˈantɪd‍ʒ ɒv ɹɪfˈʌndɪŋ], \n_ˈɛ_t ɐ_d_v_ˈa_n_t_ɪ_dʒ ɒ_v ɹ_ɪ_f_ˈʌ_n_d_ɪ_ŋ]\

Definitions of NET ADVANTAGE OF REFUNDING

1910 - Black's Law Dictionary (2nd edition)

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Future earnings' value in current money a business or individual saves with a refund from a bond redemption prior to its maturity and a lower-cost bond reissuing.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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